Anton Oilfield Services : COMPLETION OF REDEMPTION OF SENIOR NOTES DUE 2018

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities in the United States or any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No securities may be offered or sold in the United States absent registration or an applicable exemption from registration requirements. Any public offering of securities to be made in the United States will be made by means of a prospectus. Such prospectus will contain detailed information about the company making the offer, management, as well as financial statements. The Company does not intend to make any public offering of securities in the United States.

COMPLETION OF REDEMPTION OF SENIOR NOTES DUE 2018

(Stock Code: 5991)

Reference is made to the announcement of Anton Oilfield Services Group (the "Company") dated 12 December 2017 (the "Announcement"). Unless otherwise defined, capitalized terms used herein shall have the same meanings as defined in the Announcement.

The Company has redeemed an aggregate principal amount of US$71,001,000 of all of the outstanding Notes on the Redemption Date (the "Redemption") at the redemption price equal to 101.875 % of the principal amount thereof, being US$72,332,268.75, plus accrued and unpaid interest of US$961,471.88 to (but not including) the Redemption Date. The total redemption price paid by the Company on the Redemption Date is US$73,293,740.63.

The Company considers that there will be no material impact on its financial position as a result of the Redemption. Upon completion of the Redemption, the Notes will be cancelled and delisted from The Stock Exchange of Hong Kong Limited (the "Stock Exchange"). There are no outstanding Notes in issue after the Redemption.

The Company has applied to the Stock Exchange for the withdrawal of listing of the Notes. Such withdrawal of listing is expected to become effective upon the close of business on 19 January 2018.

By order of the Board of Anton Oilfield Services Group

LUO Lin

Chairman

Hong Kong, 12 January 2018

As at the date of this announcement, the executive Directors of the Company are Mr. LUO Lin, Mr. WU Di and Mr. PI Zhifeng; the non-executive Director is Mr. John William CHISHOLM and the independent non-executive Directors are Mr. ZHANG Yongyi, Mr. ZHU Xiaoping and Dato WEE Yiaw Hin.